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Maximum age of joining NPS
November 3 , 2017
2365 days
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- The Ministry of Finance increased the maximum age of joining the National Pension System (NPS) from the existing 60 years to 65 years under NPS - Private Sector (i.e. corporate employees and self -employed).
- The move by the Pension Fund Regulatory and Development Authority (PFRDA) will enable people aged between 60 and 65 years to join NPS and make contributions to it until they turn 70.
- Until now, individuals between 18 and 60 years of age could join NPS.
- NPS was introduced in 2004 for government employees and opened to every citizen in 2009.
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